Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches.
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EU officials want all AI-generated content to be labeled
The European Commission deputy head said that companies deploying generative AI tools with the potential to spread disinformation should be publicly labeled.
EU officials sign Markets in Crypto-Assets framework into law
First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states.
EU, US should push for AI code of conduct: EU tech chief
The EU tech chief spoke to members of the EU-U.S. Trade and Technology Council about the need for a voluntary code of conduct prior to the forthcoming laws.
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets.
A Stablecoin Bank Run Could Pose “Systemic Risk” to the Financial System: EU Watchdog
The European Systemic Risk Board (ESRB) published a report on Thursday outlining the top 3 nightmare scenarios in which a crypto industry crisis could bleed in and pose “systemic risk”…
Analyzing MiCA’s Role in Shaping Global Crypto Regulation
Markets in Crypto Assets (MiCA) is being hailed as the world’s first comprehensive set of rules that aims to bring the largely unregulated cryptocurrency markets under government regulation. It is…
Italy sets aside millions for workers at risk of AI replacement
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI.
Updated European tax directive requires reporting on all crypto asset transfers
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules.
EU finance ministers approve MiCA crypto regulation
European Union finance ministers vote unanimously to adopt the bloc’s Markets in Crypto-Assets regulation.
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